EUR/USD The euro had a horrible week, as we have sliced through major support in the form of the 1.04 handle. That being said, the market is now extremely oversold so I would anticipate that...
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AUDUSD moves lower and cracks back below the 200 hour MA
The HONORABLE moved up to test the 38.2% of the move down from the June 16 high as the London fix was approaching. However, the price stalled ahead of that level at 0.6878 (the high reached...
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NZD/USD TUMBLES TO LOWEST LEVEL IN TWO YEARS NEAR 0.6120
US Dollar Index jumps to highest level since December 2002. Wall Street indexes tumble more than 1%. NZD/USD vulnerable to more losses while under 0.6200. The NZD/USD is losing almost 90 pips on Tuesday,...
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The dollar is in demand on Independence Day
Demand for defensive assets keeps the euro near a five-year low EUR/USD chart in 60 minute intervals On Monday, the euro rose slightly, remaining near a five-year low against the US dollar, as investors sought...
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2 Minutes
The crypto market learned Murphy’s law: everything that could go wrong, went wrong
The crypto market has lost more than half of its value: “we wake up with a severe headache” The flight of cryptocurrencies to the moon ended in an emergency landing. The second quarter was in...
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EUR/USD Forecast: Euro Drifts Lower Against US Dollar
The US dollar has been like a wrecking ball against almost everything, including the euro. If interest rates continue to rise in America, then it’s likely that the euro will suffer as a result. Ultimately,...
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USD/BRL Forecast: USD Pulls Back Against Brazilian Real
On Wednesday, the US dollar pulled back against the Brazilian real as a reaction to the recent breakout. It now appears that the 5.2 BRL level should offer support, as it was previous resistance. We have finished...
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Asia-Pacific FX news wrap: US equity index futures sold in evening trade
Looks like US oil inventory data is going to be delayed again this week China state planner vice-head says no to flood-like stimulus Investment firm seeks to wind up Chinese property firm Evergrande S&P...
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Light changes as we look towards European morning trade
In FX, narrow ranges are prevailing with the dollar keeping more mixed so far. EUR/USD is holding at 1.0580 but keeping within a 15 pips range to start the day. The only notable movement...
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Little on the agenda coming up in Europe today
Markets are looking pensive to start the day, with light changes overall. The early optimism in equities to start the new week was quickly dashed and that is keeping a more cautious undertone as...
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